Five Stocks Cooking Well Today

funny-Breaking-Bad-table-knife

Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.

I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.

Members can click here to view and save the screen.

Sorted for at least 500,000 shares of daily average volume to ensure liquidity.

Please click on image to enlarge.

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2014-09-30_1230

Not All Coffee is Bulletproof

I added to my long JO position inside 12631, as the weekly chart for the coffee ETN still shows a potential bullish falling channel.

Here is a good article on the rust fungus affecting the coffee crop. (H/T @StuOnGold)

What are you trading this morning?

_______________________________________________________

JO

 

Spicy Red Combo

Zxm2nVy

The Russell 2000 Index daily timeframe shows that that first leg down below the 200-day moving average over the past two weeks may be setting up for another one lower, yet.

Note the highlighted bear flag potential, as dip-buyers have had every chance here only to make little-to-no progress. This continues to be a problem area in the market which is not improving.

Elsewhere, a name like LNKD looks to be setting up as a short again, while marquee leaders are squishy at best.

Indeed, recent IPO’s such as GPRO can only serve as a hiding place for so long…

___________________________________________________

RUT

A Natural Time of Year

The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out) which I published for members and 12631 subscribers this past Sunday.

A seasonal trade is setting up for natural gas on the long side. 

First, the ETF shows a sideways base since the correction suffered this summer. A move over $22.31 on UNG is likely needed to sustain a breakout this autumn. 

But the crux of the thesis hinges on

Please click here to continue reading

Night Owl Open Forum

night-owl

For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, feel free to drop below.

Speak your mind, night owls.

Late Night Strategy for Tuesday

BgnTqNlIgAEYyRJ.jpg-large

In light of the BAGL buyout in the casual dining space, let’s keep Fiesta (FRGI) on watch on a long idea.

Of course, beyond the prospect of a buyout is a sound technical setup, seen on the first daily chart, below. On further strength I like the idea long.

And on the short side, AmEx still has my eye on weakness below $87.

Drop me your top tickers overnight.

_______________________________________________________________

FRGI

_______________________________________________________________

AXP

 

Five Stocks Cooking Well Today

funny-Breaking-Bad-table-knife

Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.

I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.

Members can click here to view and save the screen.

Sorted for at least 500,000 shares of daily average volume to ensure liquidity.

Please click on image to enlarge.

________________________________________________________________

2014-09-30_1230

Not All Coffee is Bulletproof

I added to my long JO position inside 12631, as the weekly chart for the coffee ETN still shows a potential bullish falling channel.

Here is a good article on the rust fungus affecting the coffee crop. (H/T @StuOnGold)

What are you trading this morning?

_______________________________________________________

JO

 

Spicy Red Combo

Zxm2nVy

The Russell 2000 Index daily timeframe shows that that first leg down below the 200-day moving average over the past two weeks may be setting up for another one lower, yet.

Note the highlighted bear flag potential, as dip-buyers have had every chance here only to make little-to-no progress. This continues to be a problem area in the market which is not improving.

Elsewhere, a name like LNKD looks to be setting up as a short again, while marquee leaders are squishy at best.

Indeed, recent IPO’s such as GPRO can only serve as a hiding place for so long…

___________________________________________________

RUT

A Natural Time of Year

The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out) which I published for members and 12631 subscribers this past Sunday.

A seasonal trade is setting up for natural gas on the long side. 

First, the ETF shows a sideways base since the correction suffered this summer. A move over $22.31 on UNG is likely needed to sustain a breakout this autumn. 

But the crux of the thesis hinges on

Please click here to continue reading

Night Owl Open Forum

night-owl

For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.

In addition, anything else about the current market, feel free to drop below.

Speak your mind, night owls.

Late Night Strategy for Tuesday

BgnTqNlIgAEYyRJ.jpg-large

In light of the BAGL buyout in the casual dining space, let’s keep Fiesta (FRGI) on watch on a long idea.

Of course, beyond the prospect of a buyout is a sound technical setup, seen on the first daily chart, below. On further strength I like the idea long.

And on the short side, AmEx still has my eye on weakness below $87.

Drop me your top tickers overnight.

_______________________________________________________________

FRGI

_______________________________________________________________

AXP